LogFAQs > #931187889

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Job growth soars, earnings up, unemployment lowest in 50 years
s0nicfan 12/06/19 11:36:17 AM #61:	Tired-Insomniac posted... Where are the reports about cost of living increases? Like who gives a shit if earnings are up 2% if average rent went up 6% Back when I was renting I got a raise that was about $60/month extra. Then the next month my lease renewed and it was $80/month higher. That shit happens everywhere. How far back do you want to go? Overall cost of living is DOWN over the last 2 decades thanks to massive drops in energy cost: https://www.eia.gov/todayinenergy/detail.php?id=26072 The most expensive areas are getting more expensive, but everywhere else is either static or down: https://www.governing.com/topics/urban/gov-cost-of-living-regions.html There is definitely a growing problem with LOANS, specifically tuition, that is taking a bigger portion of people's paychecks, which we definitely need to resolve, but actual day-to-day costs aren't increasing in any meaningful way. If you're talking rent specifically, it's trending roughly at the 20 year average, with some areas increasing well over average (see my earlier comment about expensive areas): https://www.marketwatch.com/story/rent-inflation-shows-no-signs-of-letting-up-2015-06-18 So if your rent is skyrocketing that again might be a local policy issue and not a national trend. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:931187889] in Job growth... [t:78231309]...</cite> <quote>Tired-Insomniac posted... </cite> <quote>Where are the reports about cost of living increases? Like who gives a shit if earnings are up 2% if average rent went up 6% Back when I was renting I got a raise that was about $60/month extra. Then the next month my lease renewed and it was $80/month higher. That shit happens everywhere.</quote> How far back do you want to go? Overall cost of living is DOWN over the last 2 decades thanks to massive drops in energy cost: https://www.eia.gov/todayinenergy/detail.php?id=26072 The most expensive areas are getting more expensive, but everywhere else is either static or down: https://www.governing.com/topics/urban/gov-cost-of-living-regions.html There is definitely a growing problem with LOANS, specifically tuition, that is taking a bigger portion of people's paychecks, which we definitely need to resolve, but actual day-to-day costs aren't increasing in any meaningful way. If you're talking rent specifically, it's trending roughly at the 20 year average, with some areas increasing well over average (see my earlier comment about expensive areas): https://www.marketwatch.com/story/rent-inflation-shows-no-signs-of-letting-up-2015-06-18 So if your rent is skyrocketing that again might be a local policy issue and not a national trend. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz</quote> ... Copied to Clipboard!
Topic List	Page List: 1